- Platinum
- Nickel
- Gold
- Chromium,
- Silver
- Copper
- Zinc
- Others
Electroplating Market Size was valued at USD 12.79 Billion in 2022 and is projected to reach USD 15.98 Billion by 2029, growing at a CAGR of 2.95 % from 2023 to 2029. Electroplating is the process of plating metal onto another metal utilising hydrolysis to prevent corrosion or for ornamental purposes. This process is comparable to electroforming in that they both use an electro-deposition process and are classified as additive manufacturing. Metal plating is done by immersing the anode and cathode in a salt solution electrolytic bath, which also contains the metal to be plated. When a direct current is conducted through a solution, metal ions are transferred to the cathode surface, resulting in the electroplating process. Electroplating is commonly used to preserve components from corrosion and to restore older components to their original appearance. As a result, electroplating is crucial in the automotive industry. During the forecast period, rising demand in the automotive sector is leading to rising demand in the electroplating market. Electroplating puts a protective coating on a surface to reduce friction and prevent tarnishing. It also uses a thin, robust metal covering to protect the surface from wear and tear.
The surface properties of an object are changed when a non-metallic surface is coated with metal. In addition to providing wear resistance, corrosion protection, and abrasion resistance, metal coatings are sometimes used to improve the appearance of components. Furthermore, electroplating can make low-cost metals appear to be of greater quality. Automobiles, aviation, electronics, leisure, and agricultural industries are all seeing an upsurge in their use of electroplating. As a result, demand for global electroplating is likely to increase over the forecast period. Increasing demand for this market from various end user sectors, growing demand for smart appliances such as smartphones, refrigerators are fuelling the market growth. However, a serious drawback of using electroplating is due to stringent regulations imposed by the government as it exhibits hazardous chemicals and gases during electroplating process into the atmosphere.
Global Electroplating Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
2.95%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Electroplating Market Dynamics
Benefits such as corrosion protection and aesthetic improvements have increased the demand for electroplating in the automotive industry. Automotive manufacturers began to place a stronger focus on corrosion protection. This led to the increased use of an automotive metal finishing technique called electroplating. Sharretts plating company is specialized in metal finishing for motorcycles and cars to provide a protective coating against corrosion. For many years, the company has provided effective plating solutions that are widely used throughout the automotive industry. There are a number of metals that are used when implementing electroplating as an automotive metal finishing technique.
Asia-Pacific Got Significant Share
Electroplating Market Regional Analysis
Electroplating market report gives comprehensive outlook on Electroplating across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Currently, Asia Pacific is the world's top producer of autos and electronics. India, China, Japan, South Korea, Thailand, and Indonesia account for a large portion of worldwide automobile production. During the projected period, this is likely to generate the most demand for electroplating in Asia Pacific. Furthermore, the rise of the aerospace industry in North America is expected to open up further chances for the electroplating business in the near future.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup's details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Electroplating Market Segmentation
By Metal Type
By Application
- Decorative Coating
- Electrical applications
- Corrosion Protection
- Others
By End User
- Aerospace and Defense
- Electrical and Electronics
- Automotive
- Jewellery
- Home Appliance
- Machinery Parts
- Others
By Geography
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Frequently Asked Questions
The electroplating market is projected to expand at a CAGR of 2.95% during the forecast period.
Metal Surfaces Inc., Kuntz Electroplating Inc, Interplex Holdings Pte. Ltd, Estaadora S.A. de C.V, Commercial Plating Company Inc, Birmingham Plating Co. Ltd, Atotech Deutschland G
The key segments covered in the electroplating market are: by Type, Application, and End-Users
Table of Content
- Executive Summary
- Global Electroplating Market Introduction
- Global Electroplating Market - Taxonomy
- Global Electroplating Market -Definitions
- Metal Type
- Application
- End-User
- Global Electroplating Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Electroplating Market Dynamic Factors - Impact Analysis
- Global Electroplating Market - Competition Landscape
- Global Electroplating Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Electroplating Market, By Metal Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Platinum
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Nickel
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Gold
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Chromium
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Silver
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Copper
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Zinc
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Platinum
- Global Electroplating Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Decorative Coating
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Electrical applications
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Corrosion Protection
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Decorative Coating
- Global Electroplating Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Aerospace and Defense
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Electrical and Electronics
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Automotive
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Jewellery
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Home Appliance
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Machinery Parts
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Aerospace and Defense
- Global Electroplating Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Electroplating Market - Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2023 - 2029
- North America
- North America Electroplating Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Platinum
- Nickel
- Gold
- Chromium,
- Silver
- Copper
- Zinc
- Others
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Decorative Coating
- Electrical applications
- Corrosion Protection
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Aerospace and Defense
- Electrical and Electronics
- Automotive
- Jewellery
- Home Appliance
- Machinery Parts
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US
- Canada
- North America Electroplating Market - Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2023 - 2029
- North America Electroplating Market Dynamics - Trends
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Electroplating Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Platinum
- Nickel
- Gold
- Chromium,
- Silver
- Copper
- Zinc
- Others
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Decorative Coating
- Electrical applications
- Corrosion Protection
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Aerospace and Defense
- Electrical and Electronics
- Automotive
- Jewellery
- Home Appliance
- Machinery Parts
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Electroplating Market - Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2023 - 2029
- Europe Electroplating Market Dynamics - Trends
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Electroplating Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Platinum
- Nickel
- Gold
- Chromium,
- Silver
- Copper
- Zinc
- Others
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Decorative Coating
- Electrical applications
- Corrosion Protection
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Aerospace and Defense
- Electrical and Electronics
- Automotive
- Jewellery
- Home Appliance
- Machinery Parts
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Electroplating Market - Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2023 - 2029
- Asia-Pacific Electroplating Market Dynamics - Trends
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Electroplating Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Platinum
- Nickel
- Gold
- Chromium,
- Silver
- Copper
- Zinc
- Others
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Decorative Coating
- Electrical applications
- Corrosion Protection
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Aerospace and Defense
- Electrical and Electronics
- Automotive
- Jewellery
- Home Appliance
- Machinery Parts
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Latin America Electroplating Market - Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2023 - 2029
- Latin America Electroplating Market Dynamics - Trends
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Electroplating Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Platinum
- Nickel
- Gold
- Chromium,
- Silver
- Copper
- Zinc
- Others
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Decorative Coating
- Electrical applications
- Corrosion Protection
- Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Aerospace and Defense
- Electrical and Electronics
- Automotive
- Jewellery
- Home Appliance
- Machinery Parts
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Electroplating Market - Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2023 - 2029
- MEA Electroplating Market Dynamics - Trends
- Metal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Instrument Portability & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- NiCoForm Inc. (USA)
- Metal Surfaces Inc. (USA)
- Kuntz Electroplating Inc (Canada)
- Interplex Holdings Pte. Ltd. (Singapore)
- Estaadora S.A. de C.V. (Mexico)
- Commercial Plating Company Inc. (USA)
- Birmingham Plating Co. Ltd. (UK)
- Atotech Deutschland GmbH (Germany)
- Allied Finishing Inc. (USA)
- AJT Engineering Ltd (UK)
- Research Methodology
- Key Assumptions and Acronyms
- NiCoForm Inc.
- Metal Surfaces Inc.
- Kuntz Electroplating Inc
- Interplex Holdings Pte. Ltd.
- Estaadora S.A. de C.V.
- Commercial Plating Company Inc.
- Birmingham Plating Co. Ltd.
- Atotech Deutschland GmbH
- Allied Finishing Inc.
- AJT Engineering Ltd